Account Receivable Financing

If you are a small to medium sized company, chances are you have a lot of outstanding invoices. It can be frustrating when you have invoices that are 30, 60, 90 or even 120 days overdue. There is no doubt that invoices that are this old will cause financial hardships for your company; yet there is not a lot of recourse to make the clients pay faster. You don’t have to stress out all the time about money, instead you can find a solution to your problems right here on our website.

Here, at 1st Trust Factoring, we can help you out of your cash flow problem with our account receivable financing services. In just a matter of days, we can help you get the cash that you need to pay your overhead cost, invest in the growth of your business, or simply pay bills and payroll. What’s great about this program is that it is not a loan, and you will not be burdened with interest payments and debt.

Account receivable financing is an alternative for businesses like yours that find themselves in a difficult financial situation. In order to have your business running at its best, you have to meet your monthly expenses whether you have been paid by your clients or not. Today, most businesses cannot afford to wait for their invoices to be paid; they need the cash now.

One of the perks of account receivables financing is that you will receive your funds in a matter of days. You simply put in your application, and once it is approved, your funds from your invoices that are purchased will usually be dispersed within 10 days. After that, your funds will be dispersed approximately within seven days.

We will pair you up with a funding company that will advance you 70% to 90% of your gross receivables, and then we wait for the payments from your clients. After we receive your client’s payments, we send you the balance, the 10% to 30%, minus a small fee for the services.

Account receivables financing has become a very popular way to solve the cash flow problems of small and medium sized business of many types including those in manufacturing and medical fields. You no longer have to suffer through each month wondering how you are going to meet your monthly expenses when you get involved in this program.

Here are a few of the advantages of this program:

• Immediate cash to pay bills, make payroll, etc.
• Only your receivables are used as collateral; therefore none of your assets are at stake.
• You will have the cash to pay your bills on time, therefore improving credit standings.

Now that you have an idea of how helpful our services can be to your company, why not continue and apply for our services right here at our www.1sttrustfactoring.com website. We look forward to the opportunity to work with you and make your business more functional on a day to day business.